TAFI requests GST Council to review GST refund on air tickets

TAFI has requested the GST Council and the Finance Ministry to review the refund of GST on air ticket refunds, and extend the date applicable for refund GST till March 31, 2021 due to the delay in total refunds by airlines. It said that as per rule, if tickets are not refunded till September 30, 2020, then GST will not be refunded and customers will end up losing 5% in the economy class ticket and 12% in business class of the ticket value. TAFI has also filed a case in Supreme Court for airline refunds and the next hearing is on September 23.

error: Content is protected !!